3D Medical Imaging: A Global Strategic Business Report
San Jose, CA (PRWEB) October 28, 2008
Three-dimensional (3D) Medical Imaging is a diagnostic procedure that allows clinicians to view high quality 3D images in real time and help them make clinical decisions with accuracy. Emerging as a significant aspect of medical diagnosis, imaging applications range from dentist's x-ray for finding tooth decay to angiograms performed by cardiologists during angioplasty. A person suffering from a trauma can be imaged with the help of CT scanner while breast cancer, currently a leading cause of death in women, can be identified with techniques such as ultrasound & mammography.
World 3D medical imaging market is forecast to experience robust growth and reach US$3.9 billion by 2012, as stated by Global Industry Analysts, Inc. Europe represents the largest market, with sales estimated to be US$935 million in 2008. Increasing at an overwhelming CAGR of 20% over 2000-2010 period, Asia-Pacific represents the fastest-growing 3D medical imaging market. United States is the single largest 3D medical imaging market, accounting for an estimated 34.6% share in 2008.
Medical Resonance Imaging & Computed Tomography (MRI & CT) represents the largest product segment with sales forecast to exceed US$2.7 billion by 2012. MRI & CT and Ultrasound are forecast to register impressive CAGRs over the next five years. Technological advancement associated with 3D medical imaging systems, visualization techniques, and procedures constitutes a principal factor driving growth in the worldwide market.
Although economic downtrend is currently being witnessed worldwide, the 3D medical imaging market is expected to continue to grow thanks mainly to the technological developments that enhanced the benefits of 3D medical imaging systems. The number of 3D medical imaging procedures performed increased along with the number of 3D modalities sold leading to increased acceptance and use of 3D visualization techniques. 3D systems are rapidly shifting from UNIX to PC-based (NT) workstations. Workstations that are capable of processing large number of images generated by the latest CT scanners and other modalities are in high demand.
Rapid developments currently witnessed in the field of medical imaging, which is shifting to 3D and 4D imaging systems, can be attributed to emerging medical imaging technology along with advances in the field of computer hardware and software. Manufacturers of computers and companies engaged in developing software for image processing and PACS networks are expected to earn significant revenues in the diagnostic imaging market, in the long-term. Leading players operating in the 3D medical imaging market include Barco NV, GE Healthcare, Medison America, Philips Medical Systems, Siemens Healthcare, The Esaote Group, TomTec Imaging, Toshiba America Medical Systems.
The report titled "3D Medical Imaging: A Global Strategic Business Report" published by Global Industry Analysts, Inc., has comprehensive analyses of major markets including the US, Canada, Japan, Europe (France, Germany, Italy, United Kingdom, Spain, Russia, and Rest of Europe), Asia-Pacific, and Rest of World. The report analyzes the competitive landscape in the 3D Medical Imaging market, focusing on various strategies adopted by leading players. The report also profiles leading players operating in the global and regional markets. The new analysis reviews recent strategic corporate activity and product introductions/innovations of leading market participants. The study also examines strategies adopted by manufacturers and major OEMs in deriving benefits from various product segments.
For more details about this research report, please visit http://www.strategyr.com/3D_Medical_Imaging_Market_Report.asp
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs over 700 people worldwide and publishes more than 880 full-scale research reports each year. Additionally, the company also offers a range of over 60,000 smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.
Global Industry Analysts, Inc.
Web Site http://www.StrategyR.com/